Canadian Pacific News Summary 1981 December 18 Big jolt for West's economy hinte

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Canadian Pacific News Summary 1981 December 18 Big jolt for West's economy hinte
 
Canadian Pacific News Summary 1981 December 18
12 pages
Contents
Railway  3
Aviation  7
Economics & Politics  8
Business & Finance  8
Labor10
Shipping  11
Big jolt for West's economy hintedThe battle to change the controversial Crow's Nest Pass rail freight rate on grain is expected to reach the cabinet table in the next few weeks - and both sides in the dispute are saying whichever way it goes the decision will be final, according to an article in the Winnipeg Free Press, Dec. 12.Page 3
CP Air to begin serving Saskatoon, Regina in 1982CP Air intends to initiate service in Saskatoon and Regina sometime next year, probably linking the cities with direct daily flights to Vancouver and Toronto, according to a spokesman for the airline.Page 7
Canadian Pacific, Power reach share agreementCanadian Pacific Limited and Power Corporation of Canada, together with Paul Desmarais, announced Dec. 14 that they have reached agreement limiting to 15 per cent the voting shares of CP Limited that may be held by the Power group of companies and Mr. Desmarais.Page 8
Trends and TopicsThe Crow's Nest Pass grain freight rate costs the rapeseed processing industry more than $20 million a year, says federal Agriculture Minister Eugene Whelan.Page 4
A final dividend for 1981 of 95 cents per share on the outstanding ordinary capital stock of Canadian Pacific Limited was declared Dec. 14 at a meeting of the board of directors at Quebec.Page 8
Canada's overseas customers are becoming increasingly worried about this country's ability to deliver the goods, the president of the 500-member Canadian Export Association warned Dec. 1 in Vancouver.Page 9
AppendedW.W. Stinson, President, Canadian Pacific Limited, discussed people and profits, rights and responsibilities and the role of business in the community in a speech to the Toronto Railway Club, Dec. 4. His text is appended.

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